TBEA Co (SHSE:600089) Receivables Turnover: 1.17 (As of Mar. 2026)

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SHSE:600089 TBEA Co Ltd SHSE:600089
77 GF Score
Price ¥20.39
GF Value ¥13.48
Valuation Significantly Overvalued
! 7 Warning Signs
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What is TBEA Co Receivables Turnover?

TBEA Co SHSE:600089 -5.29% 77 Receivables Turnover is 1.17 as of Mar. 2026. GuruFocus rates SHSE:600089 with a GF Score™ of 77/100 and a GF Value™ of ¥13.48 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 3,032 Industrial Products companies, TBEA Co ranks better than 56.83% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. TBEA Co's Revenue for the three months ended in Mar. 2026 was ¥24,961 Mil. TBEA Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥21,273 Mil. Hence, TBEA Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.17.


TBEA Co  (SHSE:600089) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


TBEA Co Receivables Turnover Related Terms


TBEA Co Receivables Turnover Historical Data

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The historical data trend for TBEA Co's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TBEA Co Receivables Turnover Chart

TBEA Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.41 7.47 7.44 6.44 5.34

TBEA Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 1.29 1.28 1.23 1.17

SHSE:600089 vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, TBEA Co's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TBEA Co Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, TBEA Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where TBEA Co's Receivables Turnover falls into.


SHSE:600089
77GF Score
TBEA Co Ltd SHSE:600089
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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TBEA Co Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

TBEA Co's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=97318.077 / ((16932.373 + 19514.675) / 2 )
=97318.077 / 18223.524
=5.34

TBEA Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=24961.285 / ((19514.675 + 23031.257) / 2 )
=24961.285 / 21272.966
=1.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.17 mean?
TBEA Co (SHSE:600089) has a Receivables Turnover of 1.17 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on TBEA Co and its competitors. According to the industry distribution chart, TBEA Co ranks #1309 out of 3032 companies in the Industrial Products industry, placing it in the top 43.2%.
Is TBEA Co's Receivables Turnover too high?
TBEA Co's current Receivables Turnover is 1.17. The Industrial Products industry median Receivables Turnover is 4.45. TBEA Co's value of 1.17 is 73.7% below this industry median. Based on the distribution chart, TBEA Co ranks #1309 out of 3032 companies in the Industrial Products industry, which is above the industry midpoint. Overall, TBEA Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TBEA Co's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, TBEA Co ranks #1309 out of 3032 companies for Receivables Turnover. This puts TBEA Co in the upper half of its industry. The industry median Receivables Turnover is 4.45. TBEA Co's value of 1.17 is 73.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TBEA Co's current Receivables Turnover of 1.17 is 73.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on TBEA Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBEA Co's current Receivables Turnover is 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBEA Co stock overvalued right now?
Based on GuruFocus' analysis, TBEA Co (SHSE:600089) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥13.48, compared to a current price of ¥20.39 — trading 51.3% above its estimated fair value. The current Receivables Turnover is 1.17 and 73.7% below the Industrial Products industry median of 4.45. TBEA Co's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For TBEA Co (SHSE:600089), the current Receivables Turnover is 1.17 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TBEA Co (SHSE:600089) Overvalued in 2026?

Based on GuruFocus' analysis, TBEA Co stock appears to be overvalued. The current stock price of ¥20.39 is trading 51.3% above its estimated GF Value™ of ¥13.48. GuruFocus considers TBEA Co to be Significantly Overvalued.

Key valuation signals for SHSE:600089:

  • Receivables Turnover: 1.17
  • GF Value™: ¥13.48 vs. price of ¥20.39 (51.3% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 73.7% below the Industrial Products median (#1309 of 3032)

No single metric tells the full story. See the SHSE:600089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TBEA Co Business Description

Address No. 189, Beijing South Road, Xinjiang, Changji, CHN, 831100
TBEA Co Ltd is a China-based company that offers energy business solutions to service providers. The company distributes electric power transmission and transformation equipment. It provides solutions such as green technology, smart environmental protection, energy equipment for turnkey projects, and system solutions that range from surveying to design, construction, installation, and commissioning, as well as integration of training, operation, and maintenance. It also promotes the construction of green and efficient power grids. The company has a business presence in China and other countries.
77GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥20.39
Price
¥13.48
GF Value